Scatec Solar to build 121 MW of solar parks in Ukraine

19/10/2018 09:04 Solar

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Norway’s Scatec Solar ASA said on Thursday it will build 121 MW of photovoltaic (PV) parks in Ukraine and is seeking equity partners for the two projects.

Scatec Solar will implement the specific projects under Ukraine’s Feed-in-Tariff (FiT) programme for renewables, investing a total EUR 137 million (USD 157m). It will act as the lead equity investor and asset manager in the schemes and will also take care of the engineering, procurement and construction (EPC) and operation and maintenance (O&M) of the solar plants.

 

The two PV parks will be constructed on leased land, with grid connection expected in late 2019. Once up and running, they will be able to generate about 155,000 MWh of electricity per year, receiving FiT support for a 10-year period.

 

Since the start of this year, Scatec Solar has secured 251 MW of projects under Ukraine’s FiT scheme.

Source: renewablesnow.com

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